Grand Theft Auto hits $1 billion for first time since GTA V's launch

The GTA franchise has broken $1 billion in yearly revenues for the first time since GTA V's release in 2013.

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According to Take-Two Interactive's latest financial documents, the Grand Theft Auto series made $1.083 billion in FY22, the second-highest point in franchise history. GTA is so powerful that it made up 30.9% of the Take-Two's $3.5 billion in net revenues.

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The growth spike was driven by GTA trilogy sales, which hit 10 million shipments in Q3, ongoing monetization in Grand Theft Auto Online, and continued GTA V sales. In fact, GTA V has sold 5 million copies per quarter throughout FY 2022.

On a quarterly basis, Q4'22 delivered $251 million and was the fourth best quarter for GTA revenues since GTA V's release in Q3'14.

Take-Two Interactive expects Grand Theft Auto revenues to decline throughout FY23...but it's hard to guess what will happen.

Grand Theft Auto 6 is currently in development and evidence suggests it may release in Fiscal Year 2024.

Read Also:GTA V hits 165 million sales, and now accounts for 44% of total franchise sales